---
title: "UK Weekly Used Car Market Data - 2nd Dec 2023"
date: 2023-12-04
url: https://marketcheck.uk/market-analysis/uk-weekly-used-car-market-data-2nd-dec-2023
type: post
description: "Days on market now hitting an average of 80 days, an ongoing slightly upward trend +5/6 days on late summer 2023."
---

# UK Weekly Used Car Market Data - 2nd Dec 2023

### Days on market now hitting an average of 80 days, an ongoing slightly upward trend +5/6 days on late summer 2023.

### Key Points

-   The total number of dealers and rooftops slightly decreased and increased respectively from November to December 2023.
-   The average listing price decreased marginally by £40 from November to December 2023.
-   Days on Market (DoM) increased by 1 day over the period.
-   Given the price bands, the proportion of listings showed a slight decrease in the extreme price bands and a minuscule increase in the middle bands between the two periods.
-   Dealers who advertise less experienced a decline; However, those who advertise between 501 and 1000 had a slight increase.

* * *

### Total Market Analysis

The total market analysis for November 25th - December 2nd 2023 shows a slight decrease in total dealers from 9,953 to 9,933, but an increase in the total number of rooftops from 13,777 to 13,822. This shift might be attributed to market fluctuations.

### Days on Market (DoM) Average

Regarding the Days on Market (DoM) average, a slight increase from 81 to 82 days was observable over the period. This data highlights that the vehicles took one extra day on average to sell.

### Breakdown of Listings by Price Bands

Analysis of listings by price bands indicates a slight downtrend for vehicles priced under £10,000 and over £50,000. However, listings priced between £10,001 and £40,000 show a marginal increase. ![Breakdown of listings by Price Bands](https://marketcheck.uk/wp-content/uploads/2023/12/price_band_volume-48.png) This image shows the distribution of vehicles across different price bands.

### Number of Dealers by Advert Volumes

Examining the number of dealers by advert volumes brings forth interesting insights. A recession was experienced by dealers advertising fewer than 100 and 101-250 adverts, with a small upscale observed in the 501-1000 advert bracket. ![Number of Dealers by Advert Volumes](https://marketcheck.uk/wp-content/uploads/2023/12/inventory_volume_band-48.png) The diagram demonstrates the number of dealers by advert volumes.

### Analysis of Top 100 Dealers by Volume

An analysis of the top 100 dealers by volume of stock showed their average price decreased from £22,088 to £21,987, and the DoM increased from 56 to 58 days. ![Top 100 Dealers by Volume](https://marketcheck.uk/wp-content/uploads/2023/12/top_100_Dealers-48.png) This image analyzes the top 100 dealers by volume of stock.

### Price Revision Data - Changes to Advert Prices

Comparing November to December 2023, advert prices showed an increase for 8,664 adverts, compared with a decrease for 76,595 adverts, suggesting a volatile market situation.

### Conclusion

In conclusion, this analysis indicates a complex market scenario with slight fluctuations across different areas of the market. A comprehensive understanding of these trends can inform crucial business decisions. Next week: [9th December](https://marketcheck.uk/market-analysis/uk-weekly-used-car-market-data-9th-december-2023) | Previous week: [25th November](https://marketcheck.uk/market-analysis/uk-weekly-used-car-market-data-25th-november-2023)